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Crawshaw Group fiscal H1 profit climbs YOY

Crawshaw Group PLC said its normalized net income for the fiscal first half ended July 31 was £421,040, an increase from £187,040 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Total revenue climbed 20.7% on an annual basis to £11.8 million from £9.8 million, and total operating expenses rose 17.5% on an annual basis to £11.2 million from £9.5 million.

Reported net income rose 85.8% on an annual basis to £508,000, or 1 pence per share, from £273,480, or 0 pence per share.